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20121222
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to let that vote occur. mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: most people are focused, of course, today on what happened over in the house. i'd like to focus on a press conference that congressional democrats held just a few hours earlier. here were the leaders of the democratic party here in the senate, other than the president, these are the folks with the greatest responsibility for protecting the american people from a massive tax hike coming in january. and what do they do? they stood in front of the cameras and laughed, laughed. they giggled at a bunch of bad jokes and told the american people they didn't plan to do anything this week, nothing. absolutely nothing. democrats in the house vowed they wouldn't vote for this bill. the majority leader vowed he would ignore it if it made it out of the house and went to the senate, and the president vowed he would veto it if it made it out of the senate. so democrats spent all day yesterday, literally all day yesterday defeating a bill that would have made current tax rates permanent f
the fiscal cliff. some folks think that perhaps senator mcconnell would not negotiate something with senate democrats if he wasn't sure that it was going to pass the house, that it would get by at least some of the republicans who would need to get by to pass. but i think the white house is hoping that he will kind of buck house republicans and agree to work something out so that something can pass the senate. but it's very much up in the air, miguel, and not certain that we are not going over the fiscal cliff at this point. >> sounds like a very dangerous game, a very complicated game of chicken, the highest levels. what is your sense of it? you spent time with the president, know washington well. do you think someone is going to blink? >> you know, if you'd asked me a couple of weeks ago, i would have said i didn't think that the country would go over the fiscal cliff. i think it's very much a possibility at this point. i was sort of surprised that, honestly, a deal wasn't worked out. so i think at this point, too, the white house would have told you behind the scenes that ultimately, a d
to the senate where harry reid and mcconnell can try to come to some, you know, functional su render for republicans and kick the cannon a lot of other issues and see if that can pass in the next ten days am buts that still has to pass the house. and so i think the chances of backing off of the cliff are higher than they ever have been. >> you know, i listened to some of these recalcitrant house republicans today, mark. and they were saying, i was to the going to vote for a tax increase when my constituent was never have gone along with that. >> well, i think there are two realities, here, judy. first of all there's a lot of republicans, more than a few democrats who are terrified of one thing, that's being primary, primary opponent without going to run on your right if you are a republican. on your left if you are a democrat. it's really become a problem for republicans. because this has been an article of faith that said before it is since 1990 that any republican in the house or the senate voted for a tax increase on capitol hill. any republican. now of the 2 41 republicans now in
. success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should we put the markets mn such turmoil and the people in misunderstanding or lack of confidence? why don't we go ahead and act now? >> the president is insisting tacks go up for the wealthy, but he's now scaled back his expectations for the rest of the year focusing only on a middle class tax cut and extended unemployment benefits. he said he still thinks some kind of deal can be reached, but that optimism is not shared by everyone. >> in the aftermath of the house republicans rejecting speaker boehner's so-called plan b, it's the first time that i feel it's more likely that we will go over the cliff than not
widespread support from mitch mcconnell and the leadership, but just a few who are maybe retiring, or leaving the senate. >> reporter: that's a great question. first and foremost they would have to be able to swallow the idea that they will effectively vote to raise taxes on the top 2% of americans which most republicans said they do not want to do because they think it is bad for the economy. to answer your question, it is probably the biggest sweetener for republicans and seen some moderate democrats by the way is the estate tax. the estate tax is in place right now at a relatively low threshold. it would go up big time at the end of the year. and that is something that is very important to a lot of republicans. that could be a sweetener. i think probably the best argument the democrats have for some of those republicans is that they don't want to be in the way or they don't want to be responsible in any way for every american's taxes going up, including most importantly the people who really, really need that money, people who just aren't the wealthiest in this country. >> dana bash, six d
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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